Civic Intelligence

Appraisal Institute Education and Relief Foundation

990 • Fiscal year 2012 • EIN 36-6076334

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 14, 2013

200 West Madison No 150060606
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

71st percentile

8.4%

Faster asset growth than 71% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$4,362,997

Up $337,931 (+8.4%) from 2011

Net Assets

Up

$4,349,035

Up $326,660 (+8.1%) from 2011

Liabilities

Up

$13,962

Up $11,271 (+419%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$194,170

Down $40,330 (-17%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $4,098,141Liabilities 2010: $10,550Net Assets 2010: $4,087,5912010Assets 2011: $4,025,066Liabilities 2011: $2,691Net Assets 2011: $4,022,3752011Assets 2012: $4,362,997Liabilities 2012: $13,962Net Assets 2012: $4,349,0352012Assets 2013: $4,982,352Liabilities 2013: $8,874Net Assets 2013: $4,973,4782013Assets 2014: $5,054,767Liabilities 2014: $6,785Net Assets 2014: $5,047,9822014Assets 2015: $4,871,684Liabilities 2015: $6,379Net Assets 2015: $4,865,3052015Assets 2016: $5,086,035Liabilities 2016: $4,100Net Assets 2016: $5,081,9352016Assets 2017: $5,903,072Liabilities 2017: $6,000Net Assets 2017: $5,897,0722017Assets 2019: $6,668,756Liabilities 2019: $18,094Net Assets 2019: $6,650,6622019Assets 2020: $7,620,437Liabilities 2020: $9,946Net Assets 2020: $7,610,4912020Assets 2021: $8,544,093Liabilities 2021: $11,531Net Assets 2021: $8,532,5622021Assets 2022: $6,811,349Liabilities 2022: $7,899Net Assets 2022: $6,803,4502022Assets 2023: $7,725,512Liabilities 2023: $8,331Net Assets 2023: $7,717,1812023Assets 2024: $8,215,876Liabilities 2024: $30,541Net Assets 2024: $8,185,3352024

Highlighted filing

2012

Assets$4,362,997
Liabilities$13,962
Net Assets$4,349,035

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $191,1482010Expenses 2011: $234,5002011Expenses 2012: $194,1702012Revenue 2013: $355,485Expenses 2013: $209,656Net Income 2013: $145,8292013Revenue 2014: $320,817Expenses 2014: $229,180Net Income 2014: $91,6372014Revenue 2015: $312,567Expenses 2015: $231,816Net Income 2015: $80,7512015Revenue 2016: $1,016,684Expenses 2016: $223,973Net Income 2016: $792,7112016Revenue 2017: $141,705Expenses 2017: $204,359Net Income 2017: -$62,6542017Revenue 2019: $295,243Expenses 2019: $290,309Net Income 2019: $4,9342019Revenue 2020: $412,492Expenses 2020: $277,698Net Income 2020: $134,7942020Revenue 2021: $564,984Expenses 2021: $292,516Net Income 2021: $272,4682021Revenue 2022: $489,116Expenses 2022: $343,891Net Income 2022: $145,2252022Revenue 2023: $266,196Expenses 2023: $390,453Net Income 2023: -$124,2572023Revenue 2024: $398,546Expenses 2024: $462,891Net Income 2024: -$64,3452024

Highlighted filing

2012

Revenue-
Expenses$194,170
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 14, 2013
Return Version
2012v2.1
Gross Receipts
$1,431,136
Mission and Program Overview

Mission

The education trust is organized for charitable, literary, educational and scientific purposes. In futherance of those purposes, but always limited by the foregoing general purposes, the education trust shall have the power to: (1) receive, administer and disburse funds for the purpose of improving, advancing, researching and teaching the techniques of real estate appraisal, with benefits to be made available to the interested public; (2) promote and conduct research and study into all aspects of real estate appraisal, with findings and conclusions to be made available to the interested public; (3) foster the establishment of educational standards for real estate appraisal; (4) maintain a library and encourage and cause the writing and publication of treatises, books and pamphlets relating to real estate appraisal, which are to be made available to the interested public;(see mission continuation)

Major Activities

Activity 2
Awards and honorarium - to promote and conduct research into all aspects of real estate appraisal, with findings and conclusions to be made available to the interested public.
Filing and Contact Details

Filer

EIN
36-6076334
Raw XML AppendixShowing 400 of 580 raw XML fields

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IRS990/MissionDescription0THE EDUCATION TRUST IS ORGANIZED FOR CHARITABLE, LITERARY, EDUCATIONAL AND SCIENTIFIC PURPOSES. IN FUTHERANCE OF THOSE PURPOSES, BUT ALWAYS LIMITED BY THE FOREGOING GENERAL PURPOSES, THE EDUCATION TRUST SHALL HAVE THE POWER TO: (1) RECEIVE, ADMINISTER AND DISBURSE FUNDS FOR THE PURPOSE OF IMPROVING, ADVANCING, RESEARCHING AND TEACHING THE TECHNIQUES OF REAL ESTATE APPRAISAL, WITH BENEFITS TO BE MADE AVAILABLE TO THE INTERESTED PUBLIC; (2) PROMOTE AND CONDUCT RESEARCH AND STUDY INTO ALL ASPECTS OF REAL ESTATE APPRAISAL, WITH FINDINGS AND CONCLUSIONS TO BE MADE AVAILABLE TO THE INTERESTED PUBLIC; (3) FOSTER THE ESTABLISHMENT OF EDUCATIONAL STANDARDS FOR REAL ESTATE APPRAISAL; (4) MAINTAIN A LIBRARY AND ENCOURAGE AND CAUSE THE WRITING AND PUBLICATION OF TREATISES, BOOKS AND PAMPHLETS RELATING TO REAL ESTATE APPRAISAL, WHICH ARE TO BE MADE AVAILABLE TO THE INTERESTED PUBLIC;(SEE MISSION CONTINUATION)
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IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO SUPPORT THE LIBRARY AND TO PROVIDE SCHOLARSHIPS AND AWARDS TO QUALIFIED INDIVIDUALS FOR EDUCATION OR WORK IN THE FIELD OF REAL ESTATE APPRAISAL.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA (GAAPUSA) REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE TRUST AND RECOGNIZE A TAX LIABILITY IF THE TRUST HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSTIONS TAKEN BY THE TRUST, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2012 AND 2011, THERE ARE NO UNCERTAIN POSTIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE TRUST IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2009.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART V, LINE 4:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference1PART X, LINE 2:
IRS990ScheduleD/InvestmentExpensesNotIncluded039552
IRS990ScheduleD/InvestmentExpensesNotIncluded2039552
IRS990ScheduleD/NetUnrealizedGainsInvestments0206284
IRS990ScheduleD/PermanentEndowmentEOYBalance00.12400
IRS990ScheduleD/RevenueNotRptdF9900206284
IRS990ScheduleD/RevenueNotRptdOnFinStmt039552
IRS990ScheduleD/RevenueSubtotal0274994
IRS990ScheduleD/TermEndowmentEOYBalance00.87600
IRS990ScheduleD/TotalExpensesPerForm9900194170
IRS990ScheduleD/TotalOfBookValueLandBuildings00
IRS990ScheduleD/TotalRevenuePerForm9900314546
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt0154618
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt0481278
IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant031470
IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant16500
IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients039
IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients14
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant0SCHOLARSHIPS
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant1AWARDS
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0SCHEDULE I, PART I, LINE 2: GRANT RECIPIENTS ARE REQUIRED TO SUBMIT NARRATIVE AND FINANCIAL WRITTEN REPORTS THROUGHOUT THE COURSE OF THE GRANT TO VERIFY THAT THE PURPOSE AND TERMS OF THE GRANT ARE BEING MET. GRANT INSTALLMENTS ARE DISBURSED PENDING RECEIPT AND APPROVAL OF THE REPORTS. FINAL NARRATIVE AND FINANCIAL WRITTEN REPORTS ARE REQUIRED AT THE END OF THE GRANT TERM.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0PROCEDURE FOR MONITORING GRANTS IN THE U.S.:
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0PART I, LINE 2:
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine10200 W MADISON SUITE 1500
IRS990ScheduleI/RecipientTable/AddressUS/City0CHICAGO
IRS990ScheduleI/RecipientTable/AddressUS/State0IL
IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode060606
IRS990ScheduleI/RecipientTable/AmountOfCashGrant071000
IRS990ScheduleI/RecipientTable/EINOfRecipient0363739643
IRS990ScheduleI/RecipientTable/IRCSection0501(C)(6)
IRS990ScheduleI/RecipientTable/PurposeOfGrant0SUPPORT THE LUM LIBRARY, LDAC MEETING, AND AI ANNUAL MEETING
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine10APPRAISAL INSTITUTE
IRS990ScheduleI/RecordsMaintained01
IRS990ScheduleI/TotalNbrOf501C3AndGovtGrants00
IRS990ScheduleI/TotalNbrOfOtherOrganizations01
IRS990ScheduleJ/AnyNonFixedPayments00
IRS990ScheduleJ/CompBasedNetEarningsFilingOrg00
IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs00
IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg00
IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs00
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs015524
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs0231409
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs022482
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0THE ORGANIZATION DOES NOT PAY ANY COMPENSATION, HOWEVER THE TREASURER SERVES AS THE CFO OF A RELATED ORGANIZATION, APPRAISAL INSTITUTE, AND IS COMPENSATED ACCORDINGLY BY THE RELATED ORGANIZATION. COMPENSATION REVIEW PROCEDURES ARE PERFORMED BY THIS RELATED ORGANIZATION, APPRAISAL INSTITUTE. COMPENSATION FOR ALL EMPLOYEES IS DETERMINED BY THE GUIDELINES CONTAINED IN THEIR WAGE AND SALARY PROGRAM. THIS PROGRAM WAS DEVELOPED BY OUTSIDE HR CONSULTANTS IN CONJUNCTION WITH A CONSULTING FIRM. THE PROGRAM INCLUDES THE ESTABLISHMENT OF POSITION GRADES AND SALARY RANGES OF ALL POSITIONS. POSITION GRADES AND SALARY RANGES ARE BASED ON THE MARKET RATES OF ORGANIZATIONS OF SIMILAR SIZE AND BUDGET. THE CEO APPROVES ALL SALARIES.
IRS990ScheduleJ/Form990ScheduleJPartIII/Identifier0SUPPLEMENTAL INFORMATION
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0PART III
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0WILLIAM T ZIMMERMANN
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs0945
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/Title0TREASURER
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs0270360

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.22$0.03$8.19$0.40$0.46$0.06
2023Detailed filing. Detailed filing data is available for this year.$7.73$0.01$7.72$0.27$0.39$0.12
2022Detailed filing. Detailed filing data is available for this year.$6.81$0.01$6.80$0.49$0.34$0.15
2021Detailed filing. Detailed filing data is available for this year.$8.54$0.01$8.53$0.56$0.29$0.27
2020Detailed filing. Detailed filing data is available for this year.$7.62$0.01$7.61$0.41$0.28$0.13
2019Detailed filing. Detailed filing data is available for this year.$6.67$0.02$6.65$0.30$0.29$0.00
2017Detailed filing. Detailed filing data is available for this year.$5.90$0.01$5.90$0.14$0.20$0.06
2016Detailed filing. Detailed filing data is available for this year.$5.09$0.00$5.08$1.02$0.22$0.79
2015Detailed filing. Detailed filing data is available for this year.$4.87$0.01$4.87$0.31$0.23$0.08
2014Detailed filing. Detailed filing data is available for this year.$5.05$0.01$5.05$0.32$0.23$0.09
2013Detailed filing. Detailed filing data is available for this year.$4.98$0.01$4.97$0.36$0.21$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$0.01$4.35$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$0.00$4.02$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.10$0.01$4.09$0.19